Post AXO0pRG293U4y1O44e by livinghell@kolektiva.social
 (DIR) More posts by livinghell@kolektiva.social
 (DIR) Post #AXO0pRG293U4y1O44e by livinghell@kolektiva.social
       2023-07-05T13:57:56Z
       
       0 likes, 0 repeats
       
       people at large don't seem to comprehend what inflation actually is. prices don'tgo up because the numbers go up. prices go up because your wages don't go up at the same speed as the numbers go up. But stagnating wages, depending on the country, still go up. What they thought as expensive before is now a bargain price. But it causes confusion. When the consumer no longer can differentiate a bargain price, no company needs to put up a bargain price anymore. It doesn't gather profits by the margin of width. That's why living gets progressively more expensive. Not because there are more money in the circulation. Because working classes aren't organised, and consumers by definition can't put a counter balance to capital. Because they are not capable of determining impressions they experience under a consumer society.